Mr. Dror Strum Antitrust Authority director general, declared last week that El Al Israel Airlines ltd was a monopoly on four long-distance routes between Tel Aviv and: Johannesburg, Bangkok, Hong Kong and Mumbai (Bombay).
The Antitrust Authority's declaration followed a thorough investigation which found that El Al posses domination on these four routes, carrying over half the passengers on them. In a statement issued shortly after the declaration Strum noted that:
- On the Tel Aviv - Johannesburg route El Al is the only airline providing direct flight. The airline has, according to the Authority, a market share of over 90% for time sensitive passengers and for price sensitive passengers.
- On the Tel Aviv - Mumbai (Bombay) route El Al is the only airline providing direct flight. The airline has, according to the Authority, a market share of over 80% for time sensitive passengers and for price sensitive passengers.
- On the Tel Aviv - Bangkok route El Al is the only airline providing direct flight. The airline has, according to the Authority, a market share of over 80% for time sensitive passengers and over 70% for price sensitive passengers.
- On the Tel Aviv - Hong Kong route El Al is the only airline providing direct flight. The airline has, according to the Authority, a market share of over 90% for time sensitive passengers and for price sensitive passengers.
El Al, according to its legal advisers, is expected to appeal the decision.
Antitrust Authority: El Al a monopoly on four long-distance routes
Mr. Dror Strum Antitrust Authority director general, declared last week that El Al Israel Airlines ltd was a monopoly on four long-distance routes between Tel Aviv and: Johannesburg, Bangkok, Hong Kong and Mumbai (Bombay)
07.11.05 / 00:00
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